Showing 1 - 10 of 85
Gulf and the Far East. We study how fluctuations in oil tanker rates, oil exports, shipowner profits, and bunker fuel … costs, voyage profits decline, as cost shocks are only partially passed on to round-trip voyage rates. Oil exports from the … Arabian Gulf also decline, reflecting lower demand for VLCCs. Positive utilization shocks are associated with higher profits …
Persistent link: https://www.econbiz.de/10012223879
not lead to higher profits when internal pricing aligns with market values for green certificates. However, it stimulates …
Persistent link: https://www.econbiz.de/10014521191
mitigated through additional preferential tariff concessions under the WTO or a globally coordinated destination tax on profits …
Persistent link: https://www.econbiz.de/10014583781
advertising, they can obtain positive profits. In equilibrium firms price very aggressively when they address the most profitable …
Persistent link: https://www.econbiz.de/10011401331
This paper studies the incentives that developing countries have to protect intellectual properties rights (IPR). On the one hand, free-riding on rich countries technology reduces their investment cost in R&D. On the other hand, firm that violates IPR cannot legally export in a country that...
Persistent link: https://www.econbiz.de/10009764430
In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever stricter environmental policy does not always lead to ever cleaner production methods and ever lower production of polluting goods. It does so when the abatement technology is...
Persistent link: https://www.econbiz.de/10010361382
In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model...
Persistent link: https://www.econbiz.de/10011481156
power. Examples include the labor-managed firm, mixed oligopoly, and delegation models. These models typically retain the …
Persistent link: https://www.econbiz.de/10011565597
This paper examines a dynamic game of exploitation of a common pool of some renewable asset by agents that sell the result of their exploitation on an oligopolistic market. A Markov Perfect Nash Equilibrium of the game is used to analyze the effects of a merger of a subset of the agents. We...
Persistent link: https://www.econbiz.de/10010434092
Inspired by empirical evidence from the oil market, we build a model of an oligopoly facing a fringe as well as …
Persistent link: https://www.econbiz.de/10012821908